Business For Sale

Turnkey Sports Bar & Restaurant - Providence

Providence, RI
Providence County

Asking Price: Annual Revenue:
$1,200,000 Not Disclosed

Commercial Real Estate: Retail & Shopping Centers

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RE: Turnkey Sports Bar & Restaurant - Providence Broker: Todd Smith

Quick Facts

Asking Price: $1,200,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 71224983
Broker Reference #: Not Disclosed

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Business Overview:

Amazing opportunity to take this sports bar/beer house/restaurant business to the next level. Established for offers two bars, 110 seats inside and 75 seats outside. Each bar has 14 draft lines and 14 flat screen TVs. There are two walk in refrigerators and one freezer. This is a true turnkey venture. The location is not to be beat and is at the center of it all. Fully renovated 1 year ago, this property is just waiting to fulfill your dreams of owning & operating a sports bar/beer house/restaurant! Start with immediate income. Growth / expansion opportunities include: expand hours of operation, delivery, and catering. Current business owner will assist with transition. Some financing available for qualified buyers with $100k down payment.

PARKING: On Street Parking
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality.
LEASE TERM: Landlord will negotiate new lease if real estate is not purchased.
BASE RENT: $6,500 per month NNN
CONCEPT: Sports Bar / Beer House / Restaurant
SEATING: 90 seats inside & 75 seats outside
SIZE: 2,400 square feet plus outdoor space
HOURS: Open daily for Dinner & Nightlife plus Sat/Sun Lunch
LICENSES: Full Liquor & Entertainment Licenses
SALES: $9,000 per week
ASKING PRICE: $1,200,000 (for the real estate and business) or $200,000 (for the business only) – Some financing available for qualified buyers.

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Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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